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The Revenue Accountant role primarily will be responsible for all revenue accounting activities to ensure revenue is recognized in the appropriate periods. This person will oversee the end to end revenue process in SAP for multiple countries and expected to have in-depth knowledge of US GAAP including but not limited to ASC606, ASC842, Principal vs Agent principles, etc. and the ability to apply to business scenarios, correspond with business partners and vendors timely and professionally.
Job Responsibility:
Sales Cutoff Reviews for Products, Services and Installable instruments to ensure Revenue is recognized in the correct period
Analysis of Revenue Reserves such as Sales Return Allowance, CMDM Reserve, warranty reserves
Reagent Rental Contract Review to ensure compliance with US GAAP Lease Accounting standards
Sales Contract Review to ensure terms of agreements don't require accounting adjustments
Royalty Contract Oversight for both US and EMEA contracts to include contract review, accruals, processing payments and working cross functionally with business partners such as legal and product marketing to ensure BioRad is in compliance with all agreements
Distributor Commission Contract Oversight for EMEA contracts to include contract review, accruals, processing payments and working with business partners to ensure BioRad is in compliance with all agreements
Corporate Reporting and Reconciliation oversight
Ensuring Internal and External Audit compliance
Requirements:
Bachelor’s Degree in Accounting or Finance required
Languages: Fluent in English
3-5 years General Ledger Accounting Experience required, direct revenue accounting experience preferred
1-2 years Customer Contract Review experience including identifying and documenting revenue related performance obligations
Public Accounting experience preferred
Previous experience working with a US GAAP company preferred
Knowledge of the following applications a plus: SAP, PowerBI, ATOM, Snowflake, Salesforce, FCC, SQL, Blackline
Strong Excel skills a must and knowledge of Powerquery tool a plus
Strong interpersonal, communication skills for interacting with other individual team contributors, business partners, and management
Strong knowledge of US GAAP accounting guidance (ASCC606, ASC842, Principal vs Agent, software revenue accounting, licensing, etc) and internal SOX controls required
Ability to multi-task in fast paced work environmen
Nice to have:
Knowledge of the following applications a plus: SAP, PowerBI, ATOM, Snowflake, Salesforce, FCC, SQL, Blackline
knowledge of Powerquery tool a plus
Public Accounting experience preferred
Previous experience working with a US GAAP company preferred
direct revenue accounting experience preferred
CPA preferred but not required
What we offer:
Life and accident insurance
Private Health Care Services – unlimited examinations, checkups in numerous specialties free of charge
Competitive salary and cafeteria
100% commuting allowance for non-Budapest residents, monthly BKK pass
Annual bonus
Annual salary review
Marriage and childbirth allowance
School start allowance
Loyalty award
Employee Referral Program with remarkable referral bonus
All You Can Move contract possibility/gym facility usage for free of charge
Hybrid working model (3 days onsite and 2 days home office)